Week Ending 12.16.18
PREMIER HEALTH, INDIGO & ARCTIC WOLF MAKE ACQUISITIONS
INTERVENN RAISES USD 9m
NEO4J HIRES CFO
AND MORE ↓
EYE ON A.I. GETS READERS UP TO DATE ON THE LATEST FUNDING NEWS AND RELATED ISSUES. SUBSCRIBE FOR THE WEEKLY NEWSLETTER.
Note: This will be our last newsletter this year. We will be returning in early 2019.
MERGERS AND ACQUISITIONS
Premier Health, the Vancouver, Canada-based healthcare company using AI, said it is acquiring an unidentified pharmacy for USD 1.35m
Indigo Ag, the Boston, Massachusetts-based agricultural services firm, said it acquired TellusLabs, a satellite and AI company. Terms weren’t disclosed.
Arctic Wolf Networks, the Sunnyvale, California-based cybersecurity firm using AI, said it acquired RootSecure, the cybersecurity firm. Terms weren’t disclosed.
Arctic raised USD 45m in a Series C led by Future Fund, the Australian sovereign wealth fund, in November.
No AI related deals we are tracking were filed this week
WaveOptics, the London, UK-based AR company, said it raised USD 26m in a Series C led by Octopus Ventures.
Pypestream, the New York City-based company using AI for messaging, said it raised USD 15m in a funding round led by W.R. Berkley.
InterVenn BioSciences, the Redwood City, California-based company developing cancer tests using AI, said it raised USD 9.4m in a funding round led by Genoa Ventures.
LEGAL & REGULATORY
There were no legal & regulatory developments we tracked this week
Neo4j, the San Mateo, California-based graphing database company using AI, said it hired Mike Asher as CFO.
The company raised USD 80m in a Series E led by a Morgan Stanley fund and One Peak Partners in November.
No data sets we track were released this week